...Virtue, morality, and religion. This is the armor, my friend, and this alone that renders us invincible. These are the tactics we should study. If we lose these, we are conquered, fallen indeed...
Patrick Henry (1736-1799) US Founding Father

Sunday, February 20, 2011

Much Reported WI Surplus To Slam Gov Walker A Fraud

Budget gimmickry. Cooking the books. According to lightweights like Rachael "facts elude me" Maddow, Governor Walker of Wisconsin is guilty.

Lib/Progs have slammed Gov Walker for giving away hundreds of millions of dollars away to "special interests." Walker actually spent state funds to begin the long crawl out of the hole that the state's previous progressive administrations put Wisconsin in by assisting those that need medical accounts and for business to begin hiring again.

But, according to a scenario so popular amongst leftists that hate Walker and call him "Hitler", the state was not in a stage of deficits, in fact it had a surplus that Walker gave away to his buddies and special interest groups.

There is, indeed, a projected deficit that required attention, and Walker and GOP lawmakers did not create it. [...]

The confusion, it appears, stems from a section in [Director of the nonpartisan Legislative Fiscal Bureau Robert] Lang’s memo that -- read on its own -- does project a $121 million surplus in the state’s general fund as of June 30, 2011.

But the remainder of the routine memo -- consider it the fine print -- outlines $258 million in unpaid bills or expected shortfalls in programs such as Medicaid services for the needy ($174 million alone), the public defender’s office and corrections. Additionally, the state owes Minnesota $58.7 million under a discontinued tax reciprocity deal.

The result, by our math and Lang’s, is the $137 million shortfall.

It would be closer to the $340 million figure if the figure included the $200 million owed to the state’s patient compensation fund, a debt courts have declared resulted from an illegal raid on the fund under former Gov. Jim Doyle.

A court ruling is pending in that matter, so the money might not have to be transferred until next budget year.

A state that is in debt, has public sector union members averaging twice the annual compensation of private sector workers and spending habits that cannot be sustained.

"...and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people's money. It's quite a characteristic of them." - Margaret Thatcher.

Paula Nowakowski

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